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Apple to cut small number of jobs in some corporate retail teams
Stock Market

Apple to cut small number of jobs in some corporate retail teams

© Reuters. FILE PHOTO: Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua

Investors Are Too Spooked by Washington's PBM Crackdown
Finances

Investors Are Too Spooked by Washington's PBM Crackdown

Efforts to take on Cigna’s and CVS’s pharmacy benefit managers won’t hurt as much as Wall Street expects. Source link

S&P 500’s Resilience in the Banking Crisis Is Largely Thanks to Tech
Finances

S&P 500’s Resilience in the Banking Crisis Is Largely Thanks to Tech

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Tesla Keeps Growing, but at What Cost?
Business

Tesla Keeps Growing, but at What Cost?

In recent months, the electric-vehicle maker has doubled down on growing as fast as possible. A big question for investors now is what that cost

Justice Department Sues Activision Over Esports Leagues
Business

Justice Department Sues Activision Over Esports Leagues

The government alleges the videogame company imposed rules that limited competition for players and suppressed wages. Source link

OPEC+ Oil Market Move Less Surprising Than It Seems
Finances

OPEC+ Oil Market Move Less Surprising Than It Seems

The latest output cut took the markets by surprise, but conditions might have justified it. Source link

As Dealerships Get More Stock, Auto Makers' Sales Rebound
Business

As Dealerships Get More Stock, Auto Makers' Sales Rebound

GM, Hyundai and other auto makers report a robust start to the year, due in large part to rising inventory levels and easing supply-chain troubles.

Klaviyo Hires Bankers, Plans for Late 2023 IPO
Finances

Klaviyo Hires Bankers, Plans for Late 2023 IPO

WSJ News Exclusive Finance Marketing-automation company’s plans show potential thaw in new-issue market Source link

Disney CEO Iger Calls DeSantis’s Moves Antibusiness, Anti-Florida
Business

Disney CEO Iger Calls DeSantis’s Moves Antibusiness, Anti-Florida

Business Company, state have been clashing since Disney opposed Parental Rights in Education bill last year Source link

Saudi-Led Oil Producers to Lower Output Further
Business

Saudi-Led Oil Producers to Lower Output Further

The new cuts are expected to total more than a million barrels a day, a surprise move that led to a jump in crude prices.